Global Car Sales Tumble Amid Slowing Demand, Trade Wars
Global auto sales are in a sustained slowdown. Two of the largest markets outside the United States, China and Europe are both experiencing lower year over year sales.
The United States was already experiencing a tough automobile market before the trade war began. This situation only further complicates a difficult environment for the car industry.
WIth Mexico and the US coming to an agreement, there is glimmer of hope. The challenge is that the US is far apart on any agreement with both China and Europe.